Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Shares Acquired by CENTRAL TRUST Co

CENTRAL TRUST Co lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 8.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 141,925 shares of the company’s stock after buying an additional 11,301 shares during the period. CENTRAL TRUST Co owned approximately 0.47% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $6,131,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 7.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,127,553 shares of the company’s stock valued at $171,789,000 after acquiring an additional 276,247 shares during the last quarter. SigFig Wealth Management LLC lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.7% in the 4th quarter. SigFig Wealth Management LLC now owns 3,242,190 shares of the company’s stock worth $134,940,000 after acquiring an additional 22,157 shares during the period. Goldman Sachs Group Inc. raised its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,839,340 shares of the company’s stock worth $118,173,000 after purchasing an additional 9,926 shares in the last quarter. Betterment LLC lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.6% in the third quarter. Betterment LLC now owns 2,174,673 shares of the company’s stock valued at $88,574,000 after purchasing an additional 75,819 shares during the period. Finally, LPL Financial LLC boosted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.2% in the 4th quarter. LPL Financial LLC now owns 2,012,341 shares of the company’s stock valued at $83,754,000 after purchasing an additional 42,384 shares in the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Down 5.4%

Shares of GEM stock opened at $51.15 on Wednesday. The company has a market cap of $1.65 billion, a price-to-earnings ratio of 13.33 and a beta of 0.70. The stock has a 50 day simple moving average of $50.22 and a 200-day simple moving average of $46.19. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12-month low of $36.55 and a 12-month high of $54.29.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Profile

The Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market stocks comprising 4 sub-indexes: value, momentum, quality, and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight. GEM was launched on Sep 29, 2015 and is managed by Goldman Sachs.